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Sun May 09 2021

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Hochtief team reaches financial close on €1.3bn German highway

15 Dec 16 Financial close has been reached for the €1.3bn (£1.1bn) A6 highway public-private partnership in Germany.

The project is being carried out by the ViA6West consortium, which is made up of infrastructure fund management business DIF Infrastructure IV, Hochtief PPP Solutions and Johann Bunte Bauunternehmung. DIF has a 50% shareholding in the ViA6West consortium, with Hochtief holding 30% and Johann Bunte having a 20% share. The team was named as the winner of the contract in October (link opens in new tab).

The consortium is responsible for the planning, financing, construction, operation and maintenance of the highway between the Wiesloch /Rauenberg junction and the Weinsberg motorway junction in Baden-Württemberg. The project will result in 25km of new six-lane highway and the renewal of the 1.3 km Neckartal bridge between Heilbronn/Untereisenheim and Neckarsulm. Work also includes the operation and maintenance of the A6 over a total length of 47km. The transaction is worth about €1.3bn, with construction costs of approximately €600m.

Construction is scheduled to start at the beginning of 2017, with completion expected in the summer of 2022. The widening works will be undertaken whilst the motorway remains open. ViA6West will operate and maintain the motorway section until 2046, with the project operated under an availability payment arrangement.

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